Ferring Pharmaceuticals invests to integrate manufaturing operations in New Jersey
Introduction
Switzerland-based Ferring Pharmaceuticals to start manufacturing at its U.S. Operations Center.
Features
This new U.S. Operations Center is built on a 25-acre lot located at 100 Interpace Parkway in Parsippany, New Jersey. The company has invested $135 million(estimated) in an existing building, constructing offices, laboratories, a clinical-testing department.
New Facility will bring 275 new jobs to the local community. This Operation center will soon be manufacturing and shipping about $200 million(estimated) in product annually. The manufacturing of products at this center will gradually comes online over the course of the next 18 to 24 months(2016).
Specifications Table:
- Company Name
- Ferring Pharmaceuticals
- Location
- Parsippany, New Jersey
- Type
- Pharmaceutical Manufacturing Plant
- Manufacturing Starting Year
- 2016
- Investment So Far
- $135 million
